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Article: Norwegian central bank leaves interest rate unchanged at 1.75%.(Norges Bank)(Brief Article)
- Article from:
- Nordic Business Report
- Article date:
- December 15, 2004
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NORDIC BUSINESS REPORT-15 December 2004-Norwegian central bank leaves interest rate unchanged at 1.75%(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com
The Norwegian central bank Norges Bank said on Wednesday (15 December) that it had decided to leave the interest rate unchanged at 1.75%.
"The unusually low interest rate implies, on the one hand, that we should exercise caution with regard to further interest rate reductions. On the other hand, the prospect of continued low inflation for a ...